SPDR Portfolio S&P 500 High Dividend ETF $SPYD Position Lifted by LPL Financial LLC

LPL Financial LLC raised its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 1.0% during the fourth quarter, HoldingsChannel reports. The fund owned 4,524,639 shares of the company’s stock after acquiring an additional 43,656 shares during the quarter. LPL Financial LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $195,691,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in SPYD. Baird Financial Group Inc. boosted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 8.0% during the 2nd quarter. Baird Financial Group Inc. now owns 49,563 shares of the company’s stock valued at $2,103,000 after acquiring an additional 3,655 shares during the last quarter. Brown Advisory Inc. boosted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 23.6% during the 2nd quarter. Brown Advisory Inc. now owns 10,955 shares of the company’s stock valued at $465,000 after acquiring an additional 2,090 shares during the last quarter. NewEdge Advisors LLC boosted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 3.0% during the 2nd quarter. NewEdge Advisors LLC now owns 100,812 shares of the company’s stock valued at $4,278,000 after acquiring an additional 2,902 shares during the last quarter. Main Street Financial Solutions LLC lifted its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 2.7% in the 2nd quarter. Main Street Financial Solutions LLC now owns 20,996 shares of the company’s stock worth $891,000 after buying an additional 546 shares during the last quarter. Finally, HUB Investment Partners LLC lifted its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 11.7% in the 2nd quarter. HUB Investment Partners LLC now owns 5,622 shares of the company’s stock worth $239,000 after buying an additional 588 shares during the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

SPDR Portfolio S&P 500 High Dividend ETF stock opened at $48.19 on Wednesday. The firm’s 50-day moving average is $46.62 and its 200-day moving average is $45.66. SPDR Portfolio S&P 500 High Dividend ETF has a 1 year low of $41.68 and a 1 year high of $48.53. The company has a market cap of $7.57 billion, a P/E ratio of 15.73 and a beta of 0.71.

SPDR Portfolio S&P 500 High Dividend ETF Company Profile

The SPDR Portfolio S&P 500 High Dividend ETF (SPYD) is an exchange-traded fund that is based on the S&P 500 High Dividend index. The fund tracks an index of the 80 highest-yielding stocks selected from the S&P 500. Stocks are equally-weighted. SPYD was launched on Oct 21, 2015 and is managed by State Street.